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#1 |
Senior Member
Join Date: Mar 2002
Location: NS CANADA
Posts: 902
Likes: 1,722
Liked 405 Times in 158 Posts
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Drill baby drill!
"if the US does all this drilling it won't make a discernable difference in the price" I forget which democrat said this but they all believed it. Funny how the truth always comes out eventually. |
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#2 |
Veteran Member
Join Date: Mar 2005
Location: Sand Springs, OK
Posts: 8,132
Likes: 896
Liked 390 Times in 170 Posts
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Never heard anybody say that. Lots of people around here (Oklahoma) that did that drilling are not happy right now.
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Ed Wright 4156 SS/JA |
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#3 |
Senior Member
Join Date: Jul 2009
Posts: 928
Likes: 1
Liked 120 Times in 42 Posts
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I can tell you first hand what drilling will do because my family had drilling rigs for over 40 years.In 1980 oil peaked at $35.00 a barrel and after six years of the drilling oil boom the price of oil in 1986 was under $10.00 per barrel.American oil drillers went broke and look what OPEC did to our *** years later in 2008 with a barrel of oil at $147.00 per barrel.Will history repeat it self once again?
Last edited by davidhuff; 01-06-2015 at 02:56 PM. |
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